|
Presented by
Michelle & Paula |
Welcome to Mariner’s Retreat, an extraordinary waterfront estate and development opportunity in the heart of historic Terra Ceia, Florida. The offering highlighted here centers on the premier waterfront parcel at 1470 Bayshore Drive, encompassing approximately 1. 41 acres with more than 475 feet of pristine shoreline along Tillette Bayou and Terra Ceia Bay—an increasingly rare canvas for private coastal living.
Anchoring this parcel is a three-story residence offering over 3, 600 square feet under air. The home has been thoughtfully improved, including a brand-new roof completed in late 2025 and full ceiling restoration. Originally renovated in 2018, enhancements include impact-rated windows and doors, an updated kitchen and baths, refined flooring and lighting, and a 2023 HVAC system. Expansive water views stretch across Terra Ceia Bay toward the iconic Sunshine Skyway Bridge.
The property offers direct water access to Terra Ceia Bay and the Gulf of Mexico within minutes, allowing for a seamless boating lifestyle with opportunities for world-class fishing, wildlife encounters, and sunset cruising.
Complementing this waterfront parcel is a rare opportunity to expand ownership with two additional vacant parcels located directly across the street at 1450 and 1460 Bayshore Drive. Together, these parcels total over 8 acres of upland terrain with mature Florida landscape. Supported by a completed environmental study, they present strong potential for future development, including additional homesites under Planned Development Residential (PD-R) zoning and a RES-1 land use designation.
Buyers have the flexibility to acquire the waterfront parcel on its own, pair it with one additional parcel, or secure all three parcels to create a nearly 10-acre compound—ideal for a private family enclave, strategic development, or a long-term legacy investment.
The property is located within Flood Zone AE, with base elevations of 9 to 10 feet. Owner financing may be considered for qualified buyers, with environmental reports and additional details available upon request.
Mariner’s Retreat captures the essence of Old Florida—private, expansive, and deeply connected to the water—while offering meaningful flexibility for future vision. All just moments from St. Petersburg, Tampa, and the I-275 corridor, yet peacefully removed from the pace of the mainland.
Additional parcel tax IDs included: 2186900102, 2186900151
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
Luxury Properties Specialists
William Raveis Real Estate
Phone: 561.801.3885
MichelleAndPaula@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.349% | 6.183% |
| Monthly Tax Payment | $501 | $501 | $501 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,195 | $7,389 | $10,126 |
| Total Monthly Payment | $7,821 | $8,015 | $10,752 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.